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Calle Tenerías, 6 1,506 - 2,766 SF Condo Units Offered at $126,926 - $238,481 Per Unit in Galapagar, Madrid 28260

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INVESTMENT HIGHLIGHTS

  • Possibility to expand the space with two other rooms
  • Downtown area of Galapagar
  • Office in good condition

EXECUTIVE SUMMARY

Residential building in a central street in Galapagar in the Community of Madrid. The four-storey building with several rooms on the street level.

PROPERTY FACTS

Total Building Size 188,831 SF
Property Type Multifamily
Property Subtype Apartment
Building Class C
Floors 4
Typical Floor Size 47,211 SF
Year Built 1993
Lot Size 1.61 AC

3 UNITS AVAILABLE

Unit Size 2,766 SF
Price $238,481
Price Per SF $86.22
Condo Use Office
Sale Type Investment or Owner User
DESCRIPTION

Available commercial premises located in the central area of Galapagar.

It is a space of 155.11 m2 distributed over several heights as follows: a ground floor of 49.97 m2 and a basement of 105.14 m2. The place is in its original state and has multiple business possibilities.
There are actually three rooms available (two raw premises and one office) that are adjoining and that can be joined together using different combinations of meters and prices. They are sold separately and together:
Local A- 155.11 m2 (gross) for 119,000€.
Local B- 139.78 m2 (gross) for 111,200€.
Local C- 256.76 m2 (finished as an office and divided into some offices) for 204,800€.

The three rooms have the right to use the community pool and gardens and smoke outlet.
It is stated in the community's statutes that they can open and remove facades (the one on the street and the interior that overlooks the pool), walls, open openings, install windows, air conditioning, reform aesthetics, etc. without having to ask the community for any permission, as well as setting up any business with the sole limitation of municipal regulations.
In addition, they can be converted into housing with the mandatory municipal authorization.
The height of the street floor is 5.30 meters so you can take out another floor (up to 232 m2 more). The basement is 2.50 meters high in all. Possibility of single-phase and three-phase electricity if needed.

Possible combinations:

Local A+B for 230,200€.
Local A+B+C for 435,000€.
Local B+C for 316,800€.

There is also a rental option.

They are well connected by the M-510 and A-6 roads.

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Unit Size 1,668 SF
Price $126,926
Price Per SF $76.09
Condo Use Retail
Sale Type Investment or Owner User
SALE NOTES

Commercial spaces available in the central area of Galapagar.

These spaces consist of 155.11 m² distributed across multiple levels as follows: a ground floor of 49.97 m² and a basement of 105.14 m². The property is in its original condition and offers numerous business possibilities. There are actually three available spaces (two unfinished units and one office) that are adjacent and can be combined to create different configurations of square footage and pricing. They are sold both independently and as a group:

Local A - 155.11 m² (unfinished) for €109,000.  
Local B - 139.78 m² (unfinished) for €111,200.  
Local C - 256.76 m² (finished as an office and divided into several rooms) for €204,800.  

All three spaces have access to the community pool and gardens, as well as smoke extraction systems. The community bylaws allow for modifications such as opening and removing facades (both the street-facing and interior facades that overlook the pool), walls, creating openings, installing windows, air conditioning, aesthetic renovations, etc., without requiring permission from the community. Additionally, any type of business can be established, subject only to municipal regulations.

Furthermore, the spaces can be converted into residential units with the necessary municipal authorization. The ground floor has a ceiling height of 5.30 meters, allowing for the addition of another level (up to an additional 232 m²). The basement has a ceiling height of 2.50 meters throughout. Both single-phase and three-phase electricity options are available if needed.

Possible combinations:  
Local A + B for €230,200.  
Local A + B + C for €435,000.  
Local B + C for €316,800.  

The spaces are well-connected via the M-510 and A-6 highways.

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Unit Size 1,506 SF
Price $129,488
Price Per SF $85.98
Condo Use Retail
Sale Type Investment or Owner User
SALE NOTES

Commercial spaces available in the central area of Galapagar.

These spaces consist of 155.11 m² distributed across multiple levels as follows: a ground floor of 49.97 m² and a basement of 105.14 m². The property is in its original condition and offers numerous business possibilities. There are actually three available spaces (two unfinished units and one office) that are adjacent and can be combined to create different configurations of square footage and pricing. They are sold both individually and as a group:

- **Unit A**: 155.11 m² (unfinished) for €109,000.  
- **Unit B**: 139.78 m² (unfinished) for €111,200.  
- **Unit C**: 256.76 m² (finished as an office and divided into several rooms) for €204,800.  

All three units have access to the community pool and gardens, as well as smoke extraction systems. The community bylaws allow for modifications such as opening and removing facades (both the street-facing and interior facades that face the pool), walls, creating openings, installing windows, air conditioning, aesthetic renovations, etc., without requiring prior approval from the community. Additionally, any type of business can be established, subject only to municipal regulations.

Furthermore, the spaces can be converted into residential units with the necessary municipal authorization. The ground floor has a ceiling height of 5.30 meters, allowing for the addition of another level (up to an additional 232 m²). The basement has a ceiling height of 2.50 meters throughout. Both single-phase and three-phase electricity are available if needed.

**Possible combinations**:  
- **Unit A + Unit B**: €230,200.  
- **Unit A + Unit B + Unit C**: €435,000.  
- **Unit B + Unit C**: €316,800.  

The spaces are well-connected via the M-510 and A-6 highways.

  • Listing ID: 34192023

  • Date on Market: 2/12/2018

  • Last Updated:

  • Address: Calle Tenerías, 6, Galapagar, Madrid 28260

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